Move Over Dogecoin, Shiba Inu: AI Meme Coin GOAT Prints Over $3 Million In Profit For Whale Trader
Posted On October 21, 2024
Whale activity surrounding the AI-created GOAT meme coin is drawing attention in the crypto community, erasing a short-lived dip in Monday trading.
What Happened: Data from Lookonchain shows that a whale investor has been actively accumulating GOAT tokens, having purchased 21.39 million GOAT tokens for a total of $7.14 million at an average price of $0.3338 over the last four days, using four different wallets.
The buying spree continues, as the whale recently withdrew an additional 2 million USDC from Binance to acquire more GOAT.
Another whale has been selling off their GOAT holdings. This investor initially spent 602.64 Solana (CRYPTO: SOL) to buy 10.71 million GOAT tokens. They have since sold 9.25 million …